CO129-573-7 Education- government grants to vernacular schools 30-5-1938 - 28-7-1938 — Page 23

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5.

subsidy continuously for at least ten years and are still receiving subsidy.

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(ii) Building grants are limited in the case of urban schools and of rural schools erected in areas to which the Rating Ordinance 1901 applies to 50% and in all other cases to 33% of the actual cost of erection.

(iii) The site, plans, estimates, specifications, title, and trust deed, must be previously approved by the Government.

(iv) The Trustees or other legal representatives of the school must undertake by a Declaration of Trust to be

registered in the Land Office:-

(a) That the premises will be used solely for

educational purposes;

(b) That the school will be managed in accordance with the Code in force for the time being;

(c) That if they should hereafter desire to release themselves from the foregoing obligations, they will repay the whole amount of the Grant,

(a) That if required by the Director they will execute a legal mortgage of the school premises to secure the repayment referred to in paragraph (c) of this clause.

(v) The building Grant will be paid on presentation of a Certificate (with balance sheet annexed), by the Trustees or other legal representatives of the school, setting forth that the building and conveyance are completed and that the money in hand, will, when added to the Grant, meet all claims and finally close the account.

Furniture Grants.

12. With a view to assisting the more adequate furnishing of such school buildings a grant-in-aid of furniture, bearing the same relation to the actual cost of furnishing as the Building Grant bears to the actual cost